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Webull Sinks, SpaceX Falls, Constellation Brands Slides on ‘Overly Cautious’ Outlook
07/10/2026 | 3 mins.On this episode of Stock Movers:
- Webull (BULL) shares sink as much as 24%, the most since April 2025, after CNBC reported that the US House Select Committee on China is set to release a report on Wednesday that Webull is tied structurally to the government in China, raising national security concerns.
- SpaceX (SPCX) shares fall. SpaceX is seeking to raise $40 billion in a financing effort led by Apollo Global Management to purchase Nvidia chips, the Financial Times reports, citing unidentified people familiar with the matter. SpaceX is seeking to raise about $10b in bank loans and $30b in investment-grade debt to fund the chip order.
- Constellation Brands (STZ) shares slide. The maker of Modelo Especial and Corona Extra reaffirmed its comparable earnings per share forecast for the full year. The company also announced the acquisition of SpikedAde, a vodka-based drink brand.
See omnystudio.com/listener for privacy information.- Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Constellation Brands (STZ) is lower after the maker of Modelo Especial and Corona Extra reaffirmed its comparable earnings per share forecast for the full year. The company also announced the acquisition of SpikedAde, a vodka-based drink brand.
- SpaceX (SPCX) shares are lower this morning as Elon Musk’s SpaceX is in talks with banks and investors to raise $40 billion to buy chips from Nvidia. SpaceX’s fundraising discussions are in an early stage and could end without a deal being completed, with Pacific Investment Management Co. and Apollo Global Management Inc. involved.
- Intel (INTC) shares are higher as CEO Lip-Bu Tan said the company will continue working with Elon Musk on Terafab.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SpaceX (SPCX) shares are lower this morning as Elon Musk’s SpaceX is in talks with banks and investors to raise $40 billion to buy chips from Nvidia. SpaceX’s fundraising discussions are in an early stage and could end without a deal being completed, with Pacific Investment Management Co. and Apollo Global Management Inc. involved.
- Constellation Brands (STZ) is lower after the maker of Modelo Especial and Corona Extra reaffirmed its comparable earnings per share forecast for the full year. The company also announced the acquisition of SpikedAde, a vodka-based drink brand.
- Intel (INTC) shares are higher as CEO Lip-Bu Tan said the company will continue working with Elon Musk on Terafab.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Pennon shares fall as much as 17%, the most in over five years, after the UK water utility announced a £550m rights issue and rebased its dividend to fund a larger investment program.
- Porsche plans to increase prices of its top-end sportscars by an average of 20%, including the introduction of a new model that will sit above the longtime flagship 911 in the lineup, as it seeks to revive flagging profits.
- BE Semiconductor shares drop as much as 6.3% after UBS downgraded the stock to sell from buy, citing a slower adoption of hybrid bonding among memory chipmakers due to a supply crunch.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Weichai Power’s Hong Kong-listed shares advance as much as 5.4% after JPMorgan raised its price target, citing a more robust shipment outlook, margin resilience, accelerating AI data-center momentum and solid oxide fuel cell commercialization.
- SK Hynix shares decline as much as 2.7% to the lowest since Sept. 16, ahead of the lockup for its ADRs expiring on Oct. 8.
- Genscript Biotech drops to lead Chinese healthcare stocks lower, with investor sentiment hit after Cathie Wood’s ARK Invest cut its position in US peer Twist Bioscience.
See omnystudio.com/listener for privacy information.
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Listen for Short conversations on today's biggest winners and losers in the stock market.
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